City guilty of revenue inflation
7m
An independent Premier League commission found Manchester City guilty Tuesday of artificially inflating revenue and reducing costs by more than £900 million; City denied wrongdoing and said it would appeal.
Reposted by Steve Peers
Reposted by Steve Peers
The ruling pretty much sets out Manchester City was fraudulent on a systemic long-term basis.
Not just mere non-compliance, but ‘concealments’ and ‘disguises’.
Also some MCFC witnesses were ‘dishonest’.
The ruling pretty much sets out Manchester City was fraudulent on a systemic long-term basis.
Not just mere non-compliance, but ‘concealments’ and ‘disguises’.
Also some MCFC witnesses were ‘dishonest’.
Reposted by Steve Peers
Premier League ruling on Man City (redacted): resources.premierleague.pulselive.com/premierleagu...
Premier League statement:
www.premierleague.com/en/news/4727...
Premier League ruling on Man City (redacted): resources.premierleague.pulselive.com/premierleagu...
Premier League statement:
www.premierleague.com/en/news/4727...
City wrote up fake contracts to deceive the investigation. The club done so to artificially inflate the club’s revenues and reduce its costs.
City wrote up fake contracts to deceive the investigation. The club done so to artificially inflate the club’s revenues and reduce its costs.
Reposted by Steve Peers
£854.5m in misstated revenue was 30% of #MCFC total revenue in period
£854.5m in misstated revenue was 30% of #MCFC total revenue in period
Reposted by Dave O’Brien
• Pick their punishment.
• Rewrite 18 Premier League seasons without them.
• Hand their trophies to the teams they beat.
• Add up the bill.
passmode.shop/asterisk
• Pick their punishment.
• Rewrite 18 Premier League seasons without them.
• Hand their trophies to the teams they beat.
• Add up the bill.
passmode.shop/asterisk
by Gerry Hassan
Reposted by John Foot, Gary Sheffield
The football world cannot allow them to continue to participate in elite competition.
www.premierleague.com/en/news/4727...
The football world cannot allow them to continue to participate in elite competition.
www.premierleague.com/en/news/4727...
That is an absolutely massive sporting fraud.
www.premierleague.com/en/news/4727...
That is an absolutely massive sporting fraud.
www.premierleague.com/en/news/4727...